Emerging countries stand to benefit
The global economy of the 1990s will mean increased trade and investment in emerging countries on the principle of sustainable development, a trend which international experts predict may result in re…
News
Mahogany, Lily bring Tuina on line
Joint venture partners International Mahogany (TSE) and North Lily Mining (NASDAQ) recently placed the Tuina copper project in northern Chile back into production. The companies spent a total of US$3 …
Metall set to boost copper, zinc output
By developing Izok Lake and three projects outside Canada, Metall Mining (TSE) is hoping its share of copper production from international operations will increase to about 135,000 tonnes from 85,000 …
Drilling under way at Key Anacon
Toronto-based Rio Algom (TSE) will complete a minimum of 16,000 ft. of drilling on Key Anacon Mines’ (TSE) base metal property in northern New Brunswick this year as part of a 5-year option agreement….
Aur shareholders OK Teck agreement
Aur Resources’ (TSE) shareholders recently gave the green light to a financing deal with Teck (TSE) that allows Aur to fund its share of the development costs at the $326 million Louvicourt Twp. base …
Drilling continues at Bellas Gate (April 06, 1992)
More assay results were released by Golden Ring Resources (VSE) from an ongoing drilling program at the Bellas Gate copper-gold property in central Jamaica. A third vertical hole at the Connors deposi…
EDITORIAL PAGE (April 06, 1992)
The opportunities for mineral exploration outside of Canada are certainly inviting, and many Canadian companies are taking advantage of other countries’ efforts to attract mining investment. It is wor…
Special meeting of Breakwater set for April 10
Shareholders of Breakwater Resources (TSE) will be meeting April 10 to consider various matters related to the company’s proposed debt restructuring. Earlier this year, Breakwater management negotiate…
Red Rock drills confirm Mexican project reserves (April 06, 1992)
Private Australian company Walhalla Mining and 63%-owned Red Rock Mining (VSE) are set to pick up where Terra Mines left off by putting the Amelia gold project in Mexico back into production. Three ye…
Foreign opportunities downplayed at PDAC
This year’s annual convention of the Prospectors and Developers Association of Canada attracted about 1,500 delegates and 800 exhibitors but the general mood seemed anything but upbeat. The convention…
Sudbury Contact price jumps with diamond find at Kirkland Lake
Shares of Sudbury Contact Mines (TSE) jumped from 37 cents to 56 cents recently after the company announced the discovery of eight microdiamonds (diamonds with a diameter of less than 0.45 millimetres…
Ottawa seeks more details from Curragh
The federal government will not make a decision on Curragh Resources’ (TSE) recent request for a loan guarantee until the Toronto zinc-lead miner provides more justification as to why it needs support…